30-Unit Multifamily Asset in Los
210 W 43rd Pl, Los Angeles, CA 90037
MULTI_FAMILY - Los Angeles, CA
Property size:
14,088 SFLot size:
0.15 AcresPrice / SF:
$255/SF- Added:
- Jan 13, 2026
- Days on Market:
- 123
- Last Refresh:
- May 16 at 1:06 am
Property Features for 210 W 43rd Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR2
- Bathrooms
- 30
- Rooms
- Bathroom 15, Bathroom 8, Bathroom 29, Bathroom 10, Bathroom 12, Bathroom 2, Bathroom 27, Bathroom 21, Bathroom 13, Bathroom 9, Bathroom 23, Bathroom 4, Bathroom 6, Bathroom 7, Bathroom 11, Bathroom 28, Bathroom 25, Bathroom 18, Bathroom 20, Bathroom 16, Bathroom 24, Bathroom 17, Bathroom 1, Bathroom 26, Bathroom 22, Bathroom 5, Bathroom 30, Bathroom 14, Bathroom 3, Bathroom 19
- Standard status
- Active
- APN
- 5111-010-012
- Size
- 14,088 SF
- Lot size
- 0.15 Acres
Utilities
- Cooling system
- Ceiling Fan(s), Wall Unit(s)
Building Details
- Year built
- 1926
- Floors in Building
- 3
- Number of units
- 30
- Flooring type
- Tile
Listing agent Max Berger License #02054048 (818) 321-4972
Listing office Compass 9454 Wilshire Blvd. Suite 400, Los Angeles, CA (310) 230-5478
Listing date Jan 13, 2026
MLS# 26637193
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Below‑market price of $120,000 per unit!
- Attractive 6.81% CAP rate and 8.56 GRM on in‑place rents.
- 30‑unit scale offers significant investment potential.
- Clear path to increased revenue through renovation of remaining units.
- Two vacant units allow for immediate renovations and rent increases.
- Prime location in Historic South‑Central, near USC, Exposition Park, and major venues.
Overview
Located in Historic South-Central Los Angeles, this 30-unit multifamily property at 210 W. 43rd Pl. offers a straightforward configuration of studio units built in 1926. The property is positioned near USC, Exposition Park, the LA Memorial Coliseum, BMO Stadium, and The Shrine Auditorium, benefiting from consistent housing demand related to education, healthcare, and event-driven employment. Direct access to Vermont Ave. and Western Ave. connects residents to Downtown Los Angeles and surrounding employment areas. The property, with a lot size of 0.1457 acres, provides 14,088 square feet of space. Several units have been updated with tile flooring, improved cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans, offering a clear path for continued interior upgrades across the remaining units. Two units are currently vacant, allowing for immediate renovations and lease-up to establish updated rent levels. The existing layouts provide practical living space with natural light, creating a repeatable framework for unit turns. The property operates at a 6.81% CAP and 8.56 GRM on in-place rents.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$2.32M
NOI $209,204 @ 9.00% cap · cautious / downside scenario
Moderate
$2.99M
NOI $209,204 @ 7.00% cap · market / base-case scenario
Aggressive
$4.18M
NOI $209,204 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $383.1k | $27.19 |
| − Vacancy | −$2.7k | −$0.19 |
| EGI | $380.4k | $27.00 |
| − OpEx | −$171.2k | −$12.15 |
| NOI | $209.2k | $14.85 |
14,088 SF · lease $27.19/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$2.99M
$2.62M – $3.49M
NOI $209,204 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.52M
$4.83M – $6.44M
NOI $386,413 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Self Storage
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.276556
- Latitude
- 34.004506
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 30-unit property with renovation potential near USC and Downtown LA.
Where is this apartment building located?
The property is located at 210 W 43rd Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Below‑market price of $120,000 per unit!; Attractive 6.81% CAP rate and 8.56 GRM on in‑place rents.; 30‑unit scale offers significant investment potential.
